Your repayment schedule depends on the loan type you select.
For Interest Only Loans, you will make interest-only payments while in program and for two months following graduation, then you will start making full (interest + principal) payments.
For Immediate Repayment type loans, you will start making full monthly payments (interest + principal) one month after your program begins.
Upon loan acceptance, we will provide you with several options for making payments, including automated payments. You may create an account at www.studentloan.org at any time to manage payments and account balance.
Yes, you can pre-pay your loan at any time without penalty.